The near-term rebound in GBP/USD may gather pace over the next 24-hours of trading should the U.K. 3Q GDP report boost interest rate expectations.
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FXStreet (Delhi) – Research Team at BNZ, suggest that the September quarter CPI – out Wednesday – is the main Australia data event this week and NAB expects headline CPI to print at 0.8% for the quarter, up 1.8% for on a year to basis.Key Quotes“It’s typically a significant market mover, wSee Original Article
FXStreet (Guatemala) – AUD/USD is currently trading at 0.7246 with a high of 0.7253 and a low of 0.7235.AUD/USD has a better bid tone to the pair post the China cut and since the Aussie CPI’s are tipped to be bullish while markets set back bets for a rate hike this month from the Fed.The key data isSee Original Article
FXStreet (Delhi) – Research Team at ANZ, suggest that after three consecutive cuts, we expect the RBNZ to leave the OCR at 2.75% on Thursday and even though we still have another OCR cut pencilled in, but expect this further down the track. Key Quotes“A sub 2% inflation outlook would normally deSee Original Article